State Tax Reform and Fairness Commission issues final report

ALBANY - Governor Andrew Cuomo was presented with the final report of the New York State Tax Reform and Fairness Commission. The Commission report outlines revenue neutral policy options to modernize the current tax system with the goals of increasing its simplicity, fairness, economic competitiveness and affordability. The report can be viewed here: www.governor.ny.gov/assets/documents/greenislandandreportandappendicies.pdf.

“I want to thank Co-Chairs H. Carl McCall and Peter J. Solomon, the members of the Commission, and all the people who provided input to this process,” said Governor Cuomo. “Since being elected Governor, my administration has focused on reversing New York’s negative tax reputation, further improving our business climate and easing the burden on everyday taxpayers. Today’s report represents another step in that direction as we seek to simplify New York’s antiquated and unnecessarily onerous tax code, and to ease the tax burden on families and businesses statewide.”¯

The New York State Tax Reform and Fairness Commission conducted a comprehensive and objective review of the State's taxation policy, considering ways to eliminate tax loopholes, promote administrative efficiency and enhance tax collection and enforcement.